References:

Almeida, A.S. & Borodankova, O. (2011). Grade retention

during compulsory education in Europe: regulations
and statistics, Publications Office.
https://data.europa.eu/doi/10.2797/50570

Arcibal s., et.al., (2016) DETRIMENTAL EFFECT OF

RETENTION POLICIES TO ACADEMIC PROFICIENCY OF
BACHELOR OF SCIENCE IN ACCOUNTANCY STUDENT.
Retrieved from
https://www.studocu.com/en-us/document/stephen-f-
austin-state-university/marketing-management/
13233078-gsfdsdg/11841033

Arellano University Code. 2023). Retention Policy.

Retrieved from
https://www.arellano.edu.ph/students/academic-
policies/retention-policy

Ateneo de Zamboanga University. (2018). RETENTION POLICY

– BACHELOR OF SCIENCE IN ACCOUNTANCY. Retrieved from
https://www.adzu.edu.ph/wp-content/uploads/2019/08/R
etention-Policy-BS-Accountancy.pdf

Atiff, A., et al. (2013). A Student Retention Model:

Empirical, Theoretical and Pragmatic Considerations.
retrieved from
https://www.researchgate.net/publication/280860447_A
_Student_Retention_Model_Empirical_Theoretical_and_P
ragmatic_Considerations

Bicol University (BSA). (2022). Bicol University College

of Accountancy: Revised retention policy. Retrieved
from https://www.studocu.com/ph/document/philippine-
christian-university/bs-accountancy/retention-
policy-revised-bsa-curriculum-post-k-to-12-
effective-2018/22383856
BSU code chapter XXXIV article 111. (2023). Retention
policy. Retrieved from Retention Policy | Benguet
State University (bsu.edu.ph)

Choi, A. et al., (2020). Effects of Grade Retention

Policies: A Literature Review of Empirical Studies
Applying Causal Inference. Retrieved from
https://www.researchgate.net/publication/347342500_E
ffects_of_Grade_Retention_Policies_A_Literature_Revi
ew_of_Empirical_Studies_Applying_Causal_Inference

CMO No. 27 (2017). Revised policies, standards and

guidelines for Bachelor of Science and Accountancy
(BSA). Retrieved from CMO No. 27, Series of 2017 -
Revised Policies, Standards and Guidelines For
Bachelor of Science in Accountancy (BSA) | PDF
(scribd.com)

Eurydice. (2011). Grade Retention during Compulsory

Education in Europe: Regulations and Statistics.
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https://www.eurydice.si/publikacije/Grade-Retention-
during-Compulsory-Education-in-Europe-Regulations-
and-Statistics-EN.pdf?_t=1569765565

Go, J. (2018). Free essay: A Research Study on

Accountancy Program Retention Policy and Survival
Rate of Students in the Philippines. Retrieved from
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Reaserch-Study-on-Accountancy-Program-Retention-
Policy-and-Survival-Rate-of-Students-in-the-
Philippines/368411

GraduateWay. (2017). The Accountancy course in Adamson

University: Providing quality services to the
public. Retrieved from https://graduateway.com/the-
effectiveness-of-the-retention-policy-in-the-
accountancy-program-of-adamson-university/

Greene, B. (2003). Retention: The controversy continues.

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18
 https://via.library.depaul.edu/cgi/viewcontent.cgi?
article=1125&context=soe_etd

Herrero, C. (2015). Influence of selected factors on CPA

licensure examination results. Retrieved from
https://www.ssoar.info/ssoar/bitstream/handle/docume
nt/56817/ssoar-ilshs-2015-64-herrero-
Influence_of_selected_factors_on.pdf?sequence=1

Momentive, (2023). Using questionnaire research

effectively. Retrieved from -
https://www.surveymonkey.com/mp/using-quantitative-
research-effectively/

Oding, M. et.al. (2021). To pass or not to pass: A

qualitative inquiry on students’ views on the
academic retention policy. Retrieved from
https://files.eric.ed.gov/fulltext/EJ1299909.pdf

Osman, D. (2014). An International Study of Factors

Impacting Attrition/Retention Rates Among
Accountancy Diploma Students. Retrieved from An
International Study of Factors Impacting
Attrition/Retention Rates Among Accountancy Diploma
Students (griffith.edu.au)

Red Clay School. (2023). 7011.7 Promotion and Retention

Grades 6-8 9.1.22. Retrieved from
https://www.redclayschools.com/cms/lib/DE01903704/Ce
ntricity/Domain/187/7011.7%20Promotion%20and
%20Retention%20Grades%206-8%209.1.22.pdf

Roderick, M. & Nagaoka, J. (2005). Retention under

Chicago's High-Stakes Testing Program: Helpful,
Harmful, or Harmless? Retrieved from
https://www.jstor.org/stable/3699564

Santiago, M. (2014). EFFECTIVENESS OF RETENTION POLICY

AMONG ACCOUNTANCY STUDENTS. Retrieved from

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 https://prezi.com/cisj6-mgje7w/effectiveness-of-
retention-policy-among-accountancy-students/

Santos, T. (2012). Accountancy Tightens Retention Rules.

The Varsitarian. Retrieved from
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ghtens_retention_rules

University of the Cordillera (2022). UC College of

Accountancy. Official website. Retrieved from
https://uc-bcf.edu.ph/college/of/accountancy

University of the East. (2023). Retention policy.

Retrieved from https://www.ue.edu.ph/mla/students/

Winters, M. (2020). Test-Based Promotion Policies Have a

Substantial Positive Effect on Students. Retrieved
from https://manhattan.institute/article/test-based-
promotion-policies-have-a-substantial-positive-
effect-on-students

Zafra, E. et al., (2019). Academic perspective on the

changes in retention policy. Retrieved from
https://www.studocu.com/ph/document/palawan-state-
university/bs-accountancy/retention-policy-zafra-et-
al/8481863

20
 Appendices

Appendix A

Communication Letter:

Letter for Approval

Letter for Approval

Republic of the Philippines

Cordillera Career Development College
College of Accountancy
W. Buyagan, Poblacion, La Trinidad, Benguet

Date:

Domingo B. Bay-an, CPA, MBA, REA, REB, LPT

Dean, College of Accountancy

Cordillera Career Development College

Sir:

Greetings!

The researchers are currently conducting a study entitled

“knowledge, acceptance, and benefits of proposed

retention policy in the college of accountancy” for the

school year 2023-2024 for the completion of the course

requirement in Accountancy.

In this connection, may we be given permission from your

office to float a questionnaire to the accountancy

21
students of Cordillera Career Development College. Please

see attached questionnaires for your perusal.

Thank you very much for your favorable action on this

request. Rest assured that their answers will be kept

with strict confidentiality and will solely be used in

this study.

Respectfully,

LILIAN AWICAN GINA MAE GACAYAN

Researcher Researcher

JANETH BAILOC JUMERIZA GODIO

Researcher Researcher

HANNAH BELA-O GRACELYN SANGGOY

Researcher Researcher

GWYNETH KAYE SANNADAN

Researcher

Noted:

HOOVER L. AGYAO, PhD

Research Adviser

Approved:

DOMINGO B. BAY-AN, CPA, MBA, REA, REB, LPT

Dean, College of Accountancy

22
 Letter to the Respondent

    CORDILLERA CAREER DEVELOPMENT COLLEGE

               Poblacion, Buyagan, La Trinidad, Benguet
COLLEGE OF ACCOUNTANCY

LETTER OF PERMISSION TO CONDUCT A SURVEY

We, the 4th year student of CCDC taking Bachelor of

Science in Accountancy currently enrolled in Research 2.

In this regard, we are humbly asking for your cooperation

by answering our survey questionnaires entitled

“KNOWLEDGE, ACCEPTANCE, AND BENEFITS OF PROPOSED

RETENTION POLICY IN THE COLLEGE OF ACCOUNTANCY.” Your

cooperation will indeed be of great help in the success

of our research. Rest assured that all the collected data

will be treated with utmost confidentiality. 

Thank you so much and God Bless!

Sincerely,

The Researchers

LILIAN AWICAN GRACELYN SANGGOY

JANETH BAILOC GWYNETH KAYE SANNADAN

HANNAH BELA-O

GINA MAE GACAYAN

JUMERIZA GODIO

23
Noted:

HOOVER L. AGYAO, PhD

Research Adviser

Appendix B

Survey-questionnaire

I. Personal Information:

Year:
___ 1st Year ___ 2nd Year ___ 3rd Year ___4th

Instructions: To answer the Likert scale questions, please read each

statement and choose the response that best represents your level of
agreement or disagreement with the statement. Kindly choose the
option that best reflects your opinion by putting a check mark on
the corresponding box.

1- Not Knowledgeable 3- Moderately Knowledgeable

2- Slightly Knowledgeable 4- Highly Knowledgeable

Example:
INDICATORS 1 2 3 4

There is a retention policy in accountancy

courses. ☐ ☐ ☐   ☐   

II. Level of knowledge of students on the proposed

Retention Policy of College of Accountancy.

INDICATORS 1 2 3 4

A. Retention policy is a set of guidelines by

the department of a course program usually for ☐ ☐ ☐ ☐
major subjects.

B. There is a retention policy in accountancy

courses. ☐ ☐ ☐ ☐
C. Retention policy to accountancy students is
being implemented in some institutions in the
Cordillera Administrative Region. ☐ ☐ ☐ ☐

D. Students who fail to satisfy the policy are

advised to shift to other degree or non-degree ☐ ☐ ☐ ☐
programs.

E. Retention policy is relevant in building a

strong foundation about accounting subjects. ☐ ☐ ☐ ☐

F. Retention policy motivates the students to

study hard to maintain in the BSA Program while
on the other hand this may also cause too much ☐ ☐ ☐ ☐
stress, physically and mentally to students.

G. Retention policy is intended for the

discipline, hard work and determination training ☐ ☐ ☐ ☐
for students.

H. Retention policy is   highlighted as the

basis for an accountancy student to be deserving ☐ ☐ ☐ ☐
in the program.

I. Implementation of retention policy in a

university contributes to the increased number ☐ ☐ ☐ ☐
of board passers.

III. Level of acceptance of students on the proposed

Retention Policy.

1- No Acceptance 3- Moderate Acceptance

2- Slight Acceptance 4- High Acceptance

INDICATORS 1 2 3 4

A. It is important to maintain a standard grade

on becoming a CPA ☐ ☐ ☐ ☐

B. It impacts on one becoming well-trained

professional ☐ ☐ ☐ ☐

C. It relates to BSA students’ training on

becoming a successful CPA ☐ ☐ ☐ ☐

18
D. It contributes to the reputation of the
Accountancy program ☐ ☐ ☐ ☐

E. It impacts on the students’ foundation on

basic accounting ☐ ☐ ☐ ☐

F. It impacts on students’ academic goals ☐ ☐ ☐ ☐

IV. Extent of benefits derived from the proposed

Retention Policy of College of Accountancy
1- Not Benefited 3- Moderately Benefited

2- Slightly Benefited 4- Very much Benefited

INDICATORS 1 2 3 4

A. It will help me to maintain my academic

standing in the program. ☐ ☐ ☐ ☐

B. It will help me to stay on track and focused

on my academic goals. ☐ ☐ ☐ ☐

C. It ensures that I will have a strong

foundation in the fundamentals of accounting. ☐ ☐ ☐ ☐

D. It will prepare me for the firmness and

demands of the accounting profession. ☐ ☐ ☐ ☐

E. It will create unnecessary stress and

pressure for me. ☐ ☐ ☐ ☐

F. It will put too much emphasis on my academic

performance rather than on my overall ☐ ☐ ☐ ☐
development.

G. It will lead to a competitive and cut-throat

environment among BSA students. ☐ ☐ ☐ ☐

H. It will discourage me from taking on extra-

curricular activities or pursuing other ☐ ☐ ☐ ☐
interests outside of academics.

I. It will lead to a higher dropout rate among

BSA students. ☐ ☐ ☐ ☐

J. It will lead to a negative impact on my

mental health and well-being. ☐ ☐ ☐ ☐

19
K. It will create tension and animosity between
BSA students and faculty members. ☐ ☐ ☐ ☐

20
CURRICULUM VITAE

LILIAN M. AWICAN

Letang, Tapapan, Bauko, Mountain Province

+639096383021
awicalilian687@gmail.com
PERSONAL INFORMATION
Date of Birth: October 20, Place of birth:Letang,
2001 Tapapan, Bauko, Mountain
Province

Sex:Female Status: Single

Nationality: Filipino Religion: Christianity

Language Spoken: Kankana-ey,

Ilocano, English, and Tagalog

EDUCATIONAL BACKGROUND
 Tertiary Education: ●    Cordillera Career
Development College
o   Address: Poblacion, Buyagan, La Trinidad,
Benguet
o   Degree Program: Bachelor of Science in
Accountancy

 Secondary Education: 
  Senior High Scool
   Benguet National High School-Main
  Address: Stockfarm, Wangal, La Trinidad
Benguet
   Year graduated: 2020
   Junior High School
 Tapapan National High School
  Tapapan, Bauko, Mountain Province
 Year graduated: 2018
 Elementary Education: Letang Elementary School
 Address:o   Letang, Tapapan, Bauko, Mountain
Province
 Year graduated: 2014
ORGANIZATIONAL AFFILIATION
 Junior Philippine Institute of Accountants- CCDC
Chapter

21
  Member
 2022- 2023
AWARDS AND RECOGNITIONS
 Dean’s lister
 CCDC- College of Accountancy
 SY 2020-2021
 Dean’s lister
o CCDC- College of Accountancy
o SY 2021-2022
SEMINARS AND TRAININGS
 Accounting for Non-Accountants by
o Via Zoom and Facebook live
o 2022

SKILLS
 Teamwork skills
 Oral communication skill
 Bookkeeping NCIII passer
JANETH MARCOS BAILOC

Sayangan, Ampusongan, Bakun, Benguet

09274936845
bailoc.j7@gmail.com
PERSONAL INFORMATION
Date of Birth: January 30, Place of birth: Bakun,
2002 Benguet

Sex: Female Status: Single

Nationality: Filipino Religion: Christianity

Language Spoken: Kankana-ey

EDUCATIONAL BACKGROUND
 Tertiary Education: Cordillera Career Development
College
 Address: Buyagan, Poblacion, La Trinidad,
Benguet
 Degree Program: Bachelor of Science in
Accountancy

 Secondary Education: Madaymen National High School

(MNHS)
 Address: Proper Madaymen, Kibungan, Benguet

Year graduated: 2020

22
  Elementary Education: Camilo Lucaben Elementary
School (CLES)
 Address: Proper Madaymen, Kibungan, Benguet

Year graduated: 2014

ORGANIZATIONAL AFFILIATION
 Junior Philippine Institute of Accountants- CCDC
Chapter
 Member
 2022- 2023
  Supreme Student Government (SSG)
  Auditor
  2019-2020

AWARDS AND RECOGNITIONS

 With Honor- SHS ABM Strand
 MNHS
 SY 2018-2019
 With Honor- SHS ABM Strand
 MNHS
 SY 2019-2020

SEMINARS AND TRAININGS

 Intro to Bookkeeping and Financial Literacy
 CCDC
 2023
SKILLS
 Teamwork skills

23
HANNAH ALIS BELA-O

Bansa,Monamon Norte,Bauko,Mt.Province
09487119228
hannahbelao420@gmail.com
PERSONAL INFORMATION
Date of Birth: October Place of
5,2001 birth:Bans,Bauko,
Mt.Province

Sex: Female Status:Single 

Nationality:Filipino Religion: Christianity

Language Spoken: Kankana-

ey,Ilocano,Tagalog and
English 

EDUCATIONAL BACKGROUND
 Tertiary Education: Cordillera Career Development
College 
 Address:Poblacion, Buyagan, La Trinidad, Benguet
 Degree Program: Bachelor of Science in
Accountancy 

 Secondary Education: 
 Senior High School: Benguet National High
School-Main
 Address: Wangal,La Trinidad, Benguet 
 Year graduated:2020
 Junior High School: Bansa National High
School 
 Address:Bansa, Monamon Norte, Bauko,
Mt.Province
 Year Graduated: 2018
 Elementary Education: Bansa Elementary School 
 Address:Bansa, Monamon Norte, Bauko,
Mt.Province
 Year graduated:2014
ORGANIZATIONAL AFFILIATION
 Junior Philippine Institute of Accountancy- Local
chapter
 Member
 2022-2023
AWARDS AND RECOGNITIONS
 Dean’s lister

24
 o CCDC- College of Accountancy
o SY 2020-2021
 Dean’s lister
o CCDC- College of Accountancy
o SY 2021-2022

SEMINARS AND TRAININGS

 Webinar: Accounting for Non-Accountants
 Google meet 
 2022
SKILLS
 Teamwork skills
 Basic MS skills
 Bookkeeping NCIII- passer

25
GINA MAE GUSLAB GACAYAN

Abangcaoan, Bangao, Buguias, Benguet

09506609646
guslabginamae@gmail.com
PERSONAL INFORMATION
Date of Birth: July Place of birth: Bangao,
30, 1999 Buguias, Benguet

Sex: Female Status: Married

Nationality: Filipino Religion: Christianity

Language Spoken:
Kankana-ey

EDUCATIONAL BACKGROUND
 Tertiary Education: Cordillera Career Development
College
 Address: Poblacion, Buyagan, La Trinidad,
Benguet
 Degree Program: Bachelor of Science in
Accountancy

 Secondary Education: Bangao National Highschool

 Address: Bengbeng, Bangao, Buguias, Benguet

 Year graduated: 2018

 Elementary Education: Bangao Moreno Elementary
School
 Address: Bangao, Buguias, Benguet

 Year graduated: 2012

ORGANIZATIONAL AFFILIATION
 Local Chapter- Junior Philippine Institute of
Accountants
 Member

26
  2018-present

AWARDS AND RECOGNITIONS

 University Scholar Level 1
 University of Baguio
 October 2021
 University Scholar Level 1
 University of Baguio
  August 2020
SEMINARS AND TRAININGS
 National Entrepreneurship Summit
 University of Baguio Gymnasium
 September 28, 2019
 National Accounting Summit
 University of Baguio Gymnasium
 June 14-15, 2019
SKILLS
 Basic Microsoft Office skills
 Adaptive
 Knowledge in SAP

27
JUMERIZA A. GODIO
Address: Guioeng, Amlimay, Buguias, Benguet
Cp #: +63930-870-2919
email: jumerizagodio@gmail.com
PERSONAL INFORMATION
Date of Birth: December Place of birth: Guioeng,
30, 2001 Amlimay, Buguias, Benguet

Sex: Female Status: Single

Nationality: Filipino Religion: Christianity

Language
Spoken:Kalanguya

EDUCATIONAL BACKGROUND
 Tertiary Education:
 School name: Cordillera Career Development
College
 Address: Poblacion, Buyagan, La Trinidad,
Benguet
 Degree Program: Bachelor of Science and
Accountancy

 Secondary Education: 
 Senior High School
 King's College of the Philippines 
 Address: Pico road, La Trinidad Benguet
  Year graduated:2020
 Junior High School
 Grace Mountain Mission
 Gambang, Sinipsip, Bakun, Benguet
 Year graduated: 2018
 Elementary Education: 
 Guioeng Elementary School
 Address:Guioeng, Amlimay, Buguias, Benguet
 Year graduated:2014
ORGANIZATIONAL AFFILIATION
 Local chapter-Junior Philippine Institute of
Accountancy
 Third year representative 
 2022-2023

AWARDS AND RECOGNITIONS

 Dean’s lister

28
  CCDC- College of Accountancy
 SY 2020-2021
 Dean’s lister
 CCDC- College of Accountancy
 SY 2021-2022
SEMINARS AND TRAININGS
 Intro to Bookkeeping and Financial Literacy 
o CCDC
o 2023
SKILLS
Active listening skills
Teamwork skills
Adaptive

29
GRACELYN DANGPIL SANGGOY
Bansa, Monamon Norte, Bauko, Mt. Province
+63938-149-6938
sanggoygracedangpil04@gmail.com
PERSONAL INFORMATION
Date of Birth:October 04, 2001 Place of birth: Bauko,
Mt. Province

Sex: Female Status: Single

Nationality: Filipino Religion: Christianity

Language Spoken:English,
Tagalog & Kankanaey

EDUCATIONAL BACKGROUND
 Tertiary Education:
o School Name: Cordillera Career Development College
o Address: Poblacion, Buyagan, La Trinidad, Benguet
o Degree Program: Bachelor of Science in Accountancy

 Secondary Education: 
 Junior High School
o Bansa National High School
o Bansa, Monamon Norte, Bauko, Mt. Province
o Year Graduated: 2018
 Senior High School
o BVS-College
o Km. 5, La Trinidad, Benguet
o Year Graduated: 2020
 Elementary Education: 
o School Name: Bansa Elementary School
o Address: Bansa, Monamon Norte, Bauko, Mt. Province
o Year Graduated: 2014
ORGANIZATIONAL AFFILIATION
 Junior Philippine Institute of Accountancy
o Secretary & Member
o 2022-2023

30
 Student Association of Senior High School (SASHS)
o Vice President
o 20219-2020

AWARDS AND RECOGNITIONS

 Dean’s lister
o CCDC- College of Accountancy
o SY 2020-2021
 Dean’s lister
o CCDC- College of Accountancy
o SY 2021-2022

SEMINARS AND TRAININGS

 Intro to Bookkeeping and Financial Literacy 
o CCDC
o 2023
 Accounting for Non-Accountants by
o Via Zoom and Facebook live
o 2022
SKILLS
 Knowledge in SAP
 MS Skills
 Artistic Skills
 Adaptive
 Leadership skills
 Oral and Communication

31
GWYNETH KAYE B. SANNADAN

Kias Virac Itogon Benguet

09683559285
gwynethsannadan@gmail.com

PERSONAL INFORMATION
Date of Birth: 01/09/02 Place of birth:  Bangued,
Abra

Sex: Female Status: Single

Nationality: Filipino Religion: Christianity

Language Spoken: Ilokano,

Tagalog, English

EDUCATIONAL BACKGROUND
 Tertiary Education: Cordillera Career Development
College
o Poblacion, Buyagan, La Trinidad, Benguet
o Degree Program:Bachelor of Science in
Accountancy

 Secondary Education: University of Baguio Senior

High School
o General Luna Road, Baguio City, Benguet 2600

 Elementary Education: STEP Learning Academy

32
 o Campo Sioco, Baguio City

ORGANIZATIONAL AFFILIATION
 Junior Philippine Institute of Accountants- CCDC
Chapter
o Position – Member
o 2023
 7DC Real Estate Services
o Position- Real Estate Agent 
o 2022

AWARDS AND RECOGNITIONS

 Top 1- University of Baguio 1st Year Highschool
 Honor Student- 2nd year to 4th Year High School
 Ms. Abra (Kawayan Festival)- Lacub 2023

SEMINARS AND TRAININGS

 The basics of Stock Market and Mutual Fund
Investing
o February 27,2023
 Seminar: CCDC 30th Foundation Anniversary: Intro
to Bookkeeping and Financial Literacy
o March 31, 2023
o Poblacion, Buyagan, La Trinidad, Benguet

SKILLS
 Sales & Marketing
 Problem Solving
 Graphic Designing
 Teaching/Coaching/Modelling and pageantry field

33